China News Service, Beijing, September 13 (Cao Nianrun) The "dual carbon" goal has been included in China's future development agenda, and many results have been achieved in the past year.
But at present, there are still problems such as insufficient communication and communication in the implementation of the "dual carbon" goal.
Based on this, the China Council for International Cooperation on Environment and Development (hereinafter referred to as "CCICED") recently held a forum on global climate change and China's contribution to discuss how to better implement the "dual carbon" goal and enable high-quality development.
How will the economy grow under the "dual carbon" goal?
Liu Shijin, China’s chief adviser to the CCICED, believes that the realization of the “dual carbon” goal will bring a major adjustment to the industrial structure of the Chinese economy, and will provide a major technological innovation and investment opportunity, a supporting technological change and Innovation is a major systematic change in lifestyle, production methods, development concepts and development methods.
Under the change, how should new growth develop?
Professor Nicholas Stern of the London School of Economics and Political Science proposed that achieving carbon neutrality requires a new growth logic. He divides national wealth into physical capital, human capital, social capital, and natural capital, with particular emphasis on natural capital in the new growth logic. The importance of natural capital is believed to have a great effect on human living standards, living standards and well-being.
Liu Shijin said that three issues need to be paid attention to in the process of implementing the "dual-carbon" goal. First, starting from China's current national conditions of pollution, ecological destruction, and biodiversity, how to adhere to the four positions of carbon reduction, pollution reduction, and growth. Integrated and coordinated advancement.
Many experts said that under the new growth logic, investment is still the driving force behind the post-epidemic economic recovery and medium- and long-term growth, but new changes will occur in the areas and methods of investment.
Stern emphasized that the new growth logic needs to be driven by new investment.
"The investment we need is very different from before. We need to invest in a variety of different capitals. We also need to invest in a new system, including energy, transportation, land, etc., all of which require investment in the management of these systems."
Zou Ji, CEO and President of the Energy Foundation in China, believes that achieving the goal of carbon neutrality faster will help foster a new model of sustainable growth. In this process, there are six areas that have the possibility of generating new investment opportunities.
The first is sustainable demand, including energy conservation and energy efficiency improvement. The second is the energy sector, especially the power sector, which is deeply low-carbon, especially focusing on the development of renewable energy. The third is the electrification of the terminal sector and energy-consuming sector. The fourth is non-electricity. Low-carbon energy conversion, fifth is negative emissions, including carbon sinks, and sixth is the removal of non-carbon dioxide greenhouse gases.
He said that in the past many years, China's investment in driving growth has been weaker than consumption, but in the context of recovery, investment has to take the lead and play a greater role.
Li Jing, head of sustainable development of Ernst & Young's Asia Pacific Financial Services, said frankly that when financial institutions face the realization of the "dual carbon" goal, there are two particularly big challenges, namely, what to invest in and how to invest.
She suggested that we should innovate products, strengthen management, and improve disclosure. I believe that through these three points, more financial institutions can better support green finance and transformation finance.
From the demand side, consumption is also a very important growth engine.
Zhu Baoliang, chief economist of the State Information Center, said that China’s current industry is shifting to domestic demand to expand. Under this circumstance, China’s new growth needs to be driven by both consumption and investment. Investment needs to shift to high-tech fields. In the process of expanding consumption, Measures for common prosperity to improve fairness and narrow the income gap.
Jia Feng, director of the Publicity and Education Center of the Ministry of Ecology and Environment, pointed out that from an international perspective, consumption in developed countries accounts for about 80% of carbon emissions, while China now accounts for about 50%. The consumption will rise to about 60%.
He said that if there is an increase in public awareness and the integration of words and deeds, investment and follow-up of government policies, and the participation of related enterprises, then the realization of cross-border cooperation in the consumer field and early peaking can in a sense be a good way for China as a whole. Contribute to the peak and carbon neutrality in advance.
Under the "dual carbon" target vision, how to change the policy system?
According to Wang Yi, vice president of the Institute of Science and Technology Strategic Consulting of the Chinese Academy of Sciences, under the “dual carbon” goal vision, China’s institutional reform has produced many new developments. China is stepping up its efforts to formulate a “dual carbon” 1+N policy system. Refers to the "dual carbon" guidance, the so-called N, there may be more than 30 documents, including action plans to reach the peak before 2030, and some policy measures in various fields and industries, including some supporting measures, such as technological innovation and green Finance and international cooperation.
At the same time, China also emphasizes that it will adhere to a national game of chess, reduce sports carbon reduction, and resolutely curb the two-high projects.
CCICED member and State Council Counselor Qiu Baoxing pointed out that in China, cities are the protagonists of gas emissions. Therefore, China's carbon neutrality route should be based on the urban economy.
He believes that urban carbon neutrality should be divided into five modules: carbon sinks, construction, transportation, municipal and waste treatment, and industry. Among them, industry and carbon sinks are different for each city, but all cities cannot do without Architecture, transportation, and municipal administration, so these three modules are completely able to carry out equal competition between cities.
"Carbon neutralization involves the selective application of countless technologies and policies. If we categorize the uncertainties and benefits of these policies, it can be seen that choosing the right policy technology is very important, and this choice is definitely not based on the top level. Which smart expert to choose depends on the combination of millions of corporate scientific and technological personnel with the government, and determining it according to local resources and climatic conditions, and gradually promoting it." Qiu Baoxing said. (over)